Avio S.p.A. is an Italian aerospace company specializing in space propulsion and launch systems. As the prime contractor for the Vega rocket family, including Vega and Vega C, Avio provides launch services for institutional, governmental, and commercial payloads. They are also a subcontractor for the Ariane program, supplying components like boosters and stage separation motors and partners with organizations like the European Space Agency (ESA). Associated keywords include: space launchers, solid-propellant motors, liquid propulsion, Vega, Vega C, Ariane, ESA.
All verified mentions of this organization in source documents.
Avio completed a static load test of the FD1 demonstrator’s cryogenic propellant tank to verify its structural integrity under launch stresses.
Avio shared images of several flight components for its FD1 rocket demonstrator, including the fairing, propellant tanks, avionics, and interstage.
Avio received €103 million to develop the MR60 rocket engine, a more powerful variant of the MR10 engine developed under a European Space Agency contract.
On 28 October 2025, Avio published its nine-month financial report, which included an update on the development of its FD1 demonstrator.
The development of the Ariane 6 oxygen turbopump will be transferred from Avio’s headquarters in Colleferro to Vernon.
Avio announced that its board had approved the capital raise as part of a new ten-year business plan focused on meeting rising demand in the global space and defense markets.
Avio's board has the power to determine the final size of the capital raise, up to €400 million, as well as the price of the new shares.
Avio shareholders approved a proposal to initiate a €400 million capital increase during an extraordinary shareholders’ meeting.
The capital increase is dependent on Avio receiving necessary approvals from relevant authorities and market conditions.
Under the approved proposal, Avio will have 12 months to complete the capital raise through the issuance of new ordinary shares.
The future capital increase can be up to 10% of Avio’s existing share capital before 23 October 2030 without requiring further shareholder approval.
More than 99% of Avio shareholders voted in favor of the capital raise proposal.
Avio's board was delegated the authority to execute a future capital raise without seeking further shareholder approval.
The final decision on whether a share premium will be applied and the number of shares to be issued rests with Avio's board.
Avio received €103.7 million to develop the MR60 rocket engine, a more powerful variant of its MR10 engine, for the upper stage of the Vega E rocket.
In September 2023, Avio revealed that the STS programme would include two demonstrators: the single-stage In-Flight Demonstrator (IFD1) and the two-stage FD2 demonstrator.
The completion of the MR10 DMX2 hot-fire test marked a significant step in Avio's STS programme.
The primary focus of the STS programme is to mature and test Avio’s new methalox rocket engines, cryogenic tanks, non-pyrotechnic separation systems, and low-cost avionics.
Avio completed a key hot-fire test of its methane-powered MR10 liquid rocket engine.
In its full-year 2024 financial results presentation, Avio noted it expected to perform a 'firing test' for the FD1 demonstrator in the third quarter of 2025.